Nano One Materials

Nano One Materials Corp. is a clean technology company focused on reshaping the production of lithium-ion battery cathode materials. Founded in 2011 by Dan Blondal, who serves as CEO, the company developed from an initial concept to redefine manufacturing standards for these critical battery components. Blondal, a professional engineer with over three decades of experience in high-growth technology sectors including medical devices, industrial printing, and nuclear fusion, has guided the company's trajectory since its inception. His background in leading technology-focused roles at companies like Creo, Kodak, and General Fusion provided a foundation for addressing complex industrial challenges.

The company's core technology is its patented "One-Pot process," a manufacturing method designed to streamline the production of cathode active materials (CAM). This process integrates several production steps into one, combining raw materials like lithium, nickel, manganese, cobalt, or iron phosphate directly in a reactor to form the final cathode powder. This approach is engineered to reduce complexity, water usage, energy consumption, and greenhouse gas emissions compared to conventional methods. A key benefit is the elimination of intermediate chemical waste streams, such as sulfates, which simplifies permitting and reduces environmental impact. The technology is adaptable for producing various types of cathodes, including Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC), from diverse raw material inputs like metal powders instead of metal sulfates.

Nano One's business model is centered on a hybrid approach of direct sales and technology licensing. The company operates a commercialization and piloting hub in Candiac, Québec, which it acquired from Johnson Matthey in 2022. This facility allows Nano One to produce CAM at a commercially relevant scale for customer validation and initial sales, with a current capacity of 200 tonnes per year and plans for expansion. The primary clients for these initial sales are in the defense, aerospace, and industrial sectors, which often require secure, non-Chinese supply chains. The long-term strategy focuses on licensing its CAM production process to large-scale partners, such as automotive original equipment manufacturers (OEMs) and major battery material producers. This capital-light "design-one-build-many" strategy is facilitated by strategic alliances with companies like Rio Tinto, Sumitomo Metal Mining, Worley, and BASF.

A publicly-traded company on the Toronto Stock Exchange (TSX: NANO) and the U.S. OTCQB market (OTCQB: NNOMF), Nano One has secured significant non-dilutive funding from government bodies, including the Government of Canada, the U.S. Department of Defense, and the Government of Québec. A notable milestone was its selection in 2025 to join the Arkansas Lithium Technology Accelerator (ALTA), reinforcing its role in building a North American battery supply chain. The company continues to focus on validating its LFP materials with a growing list of potential customers in the electric vehicle and energy storage markets, positioning itself to meet rising demand for localized and sustainable battery production.

Keywords: cathode active materials, lithium-ion batteries, One-Pot process, LFP production, NMC cathodes, clean technology, battery supply chain, Dan Blondal, CAM manufacturing, battery materials licensing, electric vehicles, energy storage systems, M2CAM technology, sustainable manufacturing, Rio Tinto partnership, Sumitomo Metal Mining investment, Worley alliance, Candiac facility, Arkansas Lithium Technology Accelerator, battery innovation, cathode material production, lithium iron phosphate, nickel manganese cobalt, low-carbon process, battery technology licensing